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Not a lot to know. It's not technically called a surtax, but that seems to me the clearest way of talking about it. It applies to net investment income in excess of the amounts you mentioned effective 2013. It will be calculated on the 1040.

The other scheduled Obamacare tax law changes effective 2013:

A .9% Medicare surtax on wages over $250K joint, $200K other. Employers will withhold if they alone pay above the $200K threshold regardless of marital status shown on W-4. It will be calculated on the 1040.

A rise to 10% (from 7.5%) of AGI exclusion on deductible medical expenses.

As for "why married couples?" beats me. I long ago gave up trying to make sense of what Congress does.

Rule Your Retirement Home Fool

Thanks. Didn't know about the change in deductible medical expenses. I'm just starting to keep track of that.

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